Found in Robotics News & Content, with a score of 2.86
June 02, 2023
Late last month, CoEvolution announced that its CO-PICK smart warehouse system delivered substantial increases in warehouse efficiency for Lotte Group, a South Korean Fortune 500 retailer. The company said it raised throughput at Lotte's facility by 30% more SKUs per day. Lotte Group is a leading retailer in South Korea, with a significant presence in retail, food, electronics, and confectionery. Having considered and researched multiple options, it selected CoEvolution to work on a project to automate its entire warehouse transferring operations using a multi-vendor robot fleet. CoEvolution said the CO-PICK system uses orchestration software to deliver highly efficient picking, order…
Found in Robotics News & Content, with a score of 0.41
May 31, 2023
…their systems with safety-certified lidar sensors, noted Gianluca Cesari, co-founder and chief business development officer of Sevensense Robotics. However, depending on the application, an AMR maker might forgo using lidar sensors and instead use other sensor modalities, he said. Cesari highlighted the cleaning robot Marvin as an example. The robot, which is developed by the Swiss company Wetrok AG, a customer of Sevensense Robotics, takes advantage of components such as thermal cameras, passive cameras, and time-of-flight cameras to provide vision data. Sevensense Robotics designed an autonomous navigation stack to help mobile robots perceive and maneuver through their environments. Its systems…
Found in Robotics News & Content, with a score of 0.75
May 12, 2023
…a host interface, plus implementation, staff training, and a co-developed roadmap for future expansion. The total price point is less than $250,000 (U.S.), said Hai Robotics. These systems allow companies to gain immediate benefits from automation while laying the foundation necessary for smart facility updates with low risk and low cost, the company said. Facilities are able to make adjustments necessary for all automated advancements with a smaller system, laying the foundation for strategic growth: Familiarize the facility and workers with the technology, hardware, and equipment Set up the software interfaces and base code Establish operational workflows and trainings Currently,…
Found in Robotics News & Content, with a score of 6.89
May 11, 2023
…of Robot Industry, or KAR, and will feature Cobotsys Co., Dogu Co., HCNC Co., Neuromeka Co., Rainbow Robotics Inc., RS Automation Co., TAEHA Corp., Twinny Co., and UnD Co. The companies will be located at Booths 3250 through 3452. While KAR has participated in other trade shows in Europe and Asia, Automate will be its first in North America. It said it chose to make its North American debut at Automate because it has become “a reliable platform for global companies in the automation and robotics industry to showcase their new technologies and exchange ideas.” In a press release announcing…
Found in Robotics News & Content, with a score of 0.84
May 09, 2023
…despite the potential efficiency benefits, cost-savings, and worker retention gains, many companies aren't using robots at all. Take the warehouse market, for example. A 2021 report from Research and Markets found that more than 80% of all warehouses have no automation. Last week during the Cascadia Connect event in Pittsburgh, a group of robotics executives, investors, and systems integrators tackled that problem during the panel on “Bridging the Last Mile: How Do We Deploy Robots More Quickly and Efficiently?” The panel was moderated by Jason Lippenberger, senior vice president at Cascadia Capital, and it included: Bryan Bird, regional president for…
Found in Robotics News & Content, with a score of 0.63
May 05, 2023
…and defend them over time.” Early-stage startups struggle to gain capital Fady Saad discussed why he decided to start his new robotics venture capital firm Cybernetix Ventures, which provides early-stage funding for robotics companies. Fady Saad The MassRobotics co-founder said he started the business with co-founder Mark Martin because he observed that many venture capital firms were not organized or prepared to invest in early-stage startups that are looking to take their technology from a prototype to a commercial product. When investing in a robotics company, Saad noted that he looks at three key factors: market fit, viability of the…
Found in Robotics News & Content, with a score of 0.43
April 29, 2023
…significant re-engineering, if not the failure of needed efficiency gains. Without careful preparation, operators will find it nearly impossible to manage unpredictable scale and throughput, achieve critical energy management for sustainability, and implement required smart data management for critical reliability over time. Where did this problem and new risks come from? We all know e-commerce has taken center stage for retail and transformed our entire supply chain. The pandemic era surge caused a 14% year-over-year growth in 2021 and another 8% in 2022 with e-commerce reaching $1 trillion for the first time. This dramatic market transition comes with a perfect…
Found in Robotics News & Content, with a score of 1.17
April 21, 2023
…robotics companies in the Netherlands, according to data from Dealroom.co. This places the Netherlands in the 15th place among countries in the European Economic Area (EEA, including the U.K. and Switzerland) by total amount invested, excluding grants. “The lack of funding for robotics startup growth is an issue,” Dorssers said. “The investors are there, but they are not willing to invest before the companies become more market driven and change focus to its potential customers.” Dutch robotics companies received $32.4 million in venture capital between 2018 and 2022, according to Dealroom.co. Click on image to enlarge. Source: HowToRobot High Tech…
Found in Robotics News & Content, with a score of 1.01
March 22, 2023
CHICAGO—Geekplus Technology Co. this week announced that its combined worldwide fleet of robots picked 10 billion pieces over the past year. The company said its goods-to-person picking systems have covered great distances, handled huge volumes of stocks, and, as a result, contributed greatly to the goals of making logistics more efficient and sustainable. “We are very proud of what we have achieved recently,” said Yong Zheng, founder and CEO of Geek+. “The amount of merchandise that our robots have handled, coupled with the savings in time and energy, demonstrate that mobile robots are a technology for today's problems and a…
Found in Robotics News & Content, with a score of 1.80
March 05, 2023
…to restore buyer confidence after the first disillusionment. Source: Gain & Co 4. Seller-centric solution proposals The automation market is for the most part dominated by seller-centric solution proposals, that mostly specify what the automation solution is and not what it does for the customer. With the absence of clear goals and targets from the customer, the conversation with suppliers often becomes centered around the technical specifications of the solution in the language of the seller. This shifts the burden of proving the value of each solution away from the seller and onto the customer instead. Many businesses, especially those…
Found in Robotics News & Content, with a score of 0.47
March 01, 2023
…software suite allows customers to better supervise operations and gain deeper analytical insights. Moschella said the company has begun testing with a few third-party logistics customers (3PLs) alpha versions of the software that allow for greater collaboration between human agents and robots. He noted that the first application Vecna is exploring with the new version is case picking, which he said is “probably the highest-labor touch point in a distribution center.” Ideally, these new features should help reduce worker travel within a facility and better optimize a worker’s time, noted Moschella. At ProMat this month, Vecna plans to reveal which…
Found in Robotics News & Content, with a score of 1.53
February 28, 2023
…Robotics (also known as Holland Robotics) and independent advisor Gain & Co. The company reported that the number of robotics suppliers in the Netherlands “has grown significantly.” For each of the past 12 years, an average of 11 new companies was established in the Netherlands—a 57% increase from the number of businesses formed in the prior period. The study attributed this growth to factors including the country’s highly skilled workforce, a strong focus on innovation, and an increasing demand for automation from businesses experiencing labor shortages and competitive pressure. “There are a lot of up-and-coming robot and automation companies in…
